Whenever you screw up there are SO MANY lessons so I'll keep reviewing this terrible trade down to the last detail so you can learn what not to do. Remember to use STT Breaking News every single day and do NOT take any position, especially any big position, without looking at the news first!
Posted May 31, 23 8:30 AMbytimothysykes
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One bad trade can mess you up, I promise to be discipline. Great lesson and reminder. Thanks Tim
Thank you for sharing and teaching us.
One bad trade can mess you up and I will be disciplined.
One bad trade can mess you up. I will try to be discipline.
done that several times. luckily smaller amounts. Makes perfect sense. Pre and Post markets are tough to call.
Thank you!
your bodylangguage say it all. You cannot believe making a newbie mistake after 2 decades. Loss suck but neccesary lesson.. Thank you demonstrating 1).when testing new setup/sepculative trade , take smaller size. 2.) Continuation from premarket to actual hour too speculative thus very risky 3) fat finger mistake , should simple sell position till the position you want.
Thanks so much Tim, Keeping your composure is so key with a Fat Finger Trade. Thanks for the lesson
One bad trade can mess you up. Its a slippery slope. I will be disciplined.
It's a slippery slope. Thank you for your transparency. These losses can be so brutal!
Do your burpees, Tim, and I will do mine! I'm recovering from a big loss as well.
I do understand that it’s a very slippery slope!
One trade can mess you up. I promise to be disciplined!
Thank you Tim.
You will make it all back and more. I love you man!!!
Thanks Tim, one trade won't make you but one bad trade can break you, stay disciplined
Thanks Tim. Love your transperancy.
Watching And Analyzing!
Thanks Tim. Slippery slope, do your burpey's. glad you're still green on the year
Looks like you know WLDS well nice single , unfortunate about the 27k loss One bad trade can mess you up be disciplined
thank you for using your pain to teach and inspire me to never quit!! your are greatly appreciated!!
Great lessons Tim. I understand that it's a slippery slope and one bad trade can mess you up. I promise to be disciplined.
Thanks Tim
Slippery Slope Indeed!
I Understand it's a Slippery Slope! CUT Losses Quickly!!! Avoid Adding to Losing Positions! Pay Attention to Your Position Size! Avoid Distractions!!! Preparation is Key! Focus on Gimme Setups! Protect Protect Protect! Avoid Falling into the Trap of Revenge Trade to Make Back Your Losses! Be Transparent!!! Thanks Tim! and Really like the Neon Sign!
One Bad Trade Can Mess You Up!!! I Promise to Be Disciplined!!! Recognize the Potential Risk/ Reward on Every Trade! Be Honest with Yourself and Others! Thanks Tim!@
Thanks Tim. Appreciate the transparency and the lessons.
It's a slippery slope. Thanks TimI appreciate you sharing this trade
One bad trade can mess you up. I will be disciplined.
this video helped with personally dealing with my biggest loss currently helped not get discouraged. thanks Tim
I was taking losses more than profits so I downsized my positions. Small wins small losses. Good lesson thanks for the video
This is a slippery slope. One bad trade can mess you up. Fat-fingering was a blunder that could happen to anyone. Trying to average down with the exact amount you fat-fingered in to dig yourself out was completely ignoring your rules which led to a large loss. You said everyone is thanking you for being transparent and they are because we are grateful for this and your teachings. So, with that being said, close the laptop, pull out your mat, and get ripped on burpees.
Mistake on entry, get out as soon as discovered. One of Tim’s basic rules from DVDs/videos.
One bad trade can mess you up. I promise to be disciplined. We are all just one trade away from really getting humbled.It’s a slippery slope. Took to big of a position, averaged into a loser, not seeing the news then cut losses. It only take one bad trade to wipe out weeks or months of work. These types of trades are account killers. Do your 2700 burpees. Thanks for the lesson Tim.
Mahalo for the video, Tim! The monetary loss is one thing, but the TIME you lose in these trades is just as devastating. All the hours it took to make those profits, all the hours it will take to make them back... that's the real heartbreak. All the more reason cut losses quickly.
@ciscokid5150 yup, trading can be frustrating AF, makes you realize how important discipline and rules are!
Thank you for the lesson Tim. One bad trade can mess you up, I promise to be disciplined. The market will humble you otherwise. Stay safe
One bad trade can mess you up, I promise to be disciplined. Thanks Tim.
TIM do a thousand burpees!!
Thanks Tim for the lessons
@mitnick2 I will do the burpees, no excuse for trades like this!
One bad trade can mess U up. I will be disciplined in my trading
Trading is a slippery slope, thanks
It is a slippery slope. I'm having PTSD about my biggest loss...the first and only time I bought pre-market.
One bad trade can mess you up...psychologically and in terms of opportunity cost.
+
any one trade can ruin your account. be content with what the market tells you. follow rules , stay disciplined .
One Trade away from a big screw up!! I wish I watched this one yesterday!!! :)
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